Chief Markets and Products Officer appointed at the AIX

14 October 2022

Astana International Exchange (“AIX”, “Exchange”) is pleased to announce that Assel Mukazhanova has been appointed as Chief Markets and Products Officer. She will be in charge of the Markets divisions: Retail investors, Mining, Public Issuers, Belt&Road Initiative, Product Development. As such, Mrs Mukazhanova also joins AIX Management and Executive Committees to bring her expertise to the execution of AIX ongoing and strategic roadmap.

Assel Mukazhanova, former Head of Public Issuers, has been successfully working for the AIX since December 2017. During her tenure, Assel proved to be very professional in her job, focused on the delivering AIX’ strategic business goals.

Renat Bekturov, CEO of AIX, stated:

During almost 5 years of work at the AIX, Assel Mukazhanova has been dealing with a substantial number of companies helping them to list their securities on AIX and raise funding to finance their businesses. I am sure Assel will continue using her experience and expertise in her new position and clinch new big wins in line with the company’s strategy.”

Assel Mukazhanova has started her career back in 1992 in Foreign Operations of Bank Turan. She has more than 25 years of experience in the financial and banking services industry and before joining AIFC/AIX, Assel held the of Executive Director at JSC “Kazkommertsbank” focused on international banking, capital markets, investor relations, M&A and strategy issues.

Ms. Mukazhanova has been involved in a number of milestone deals including fund raising transactions with multilateral organizations, syndicated loans, pre-IPO schemes, IPOs (including the upcoming KazMunayGas one), securitization& M&As.

Assel graduated from the Kazakh Academy of Management with a degree in International Business and she also followed executive academics at London and Harvard Business schools.


AIX was formed in 2017 within the Astana International Financial Centre development framework. AIX shareholders are AIFC, Goldman Sachs, the Shanghai stock exchange, the silk Road Fund, and NASDAQ, which also provides the AIX trading platform. The exchange operates within a regulatory environment based on the principles of English Law, thus providing a reliable investment environment. The mission of AIX is to develop an active capital market in Kazakhstan and the region by providing clear and favorable conditions for attracting financing to private and public businesses. AIX develops special segments for mining companies as well as infrastructure projects under the Belt and Road initiative. More

The Astana International Financial Centre (AIFC) is an independent jurisdiction that started operations in 2018. In accordance with the Development Strategy until 2025, the key focus of the AIFC is to consolidate as a universal platform connecting the countries of the EAEU, Central Asia and the Caucasus.